FX.co ★ Hong Kong Import Growth Slows to 3-Month Low

Hong Kong’s imports rose 29.9% year-on-year to USD 473 billion in February 2026, moderating from January’s 38.1% surge—the fastest expansion since March 2010—and marking the slowest growth rate since November 2025.

By product category, imports increased sharply for non-ferrous metals (474.8%); telecommunications and sound recording and reproducing apparatus and equipment (67.6%); electrical machinery, apparatus and appliances and electrical parts thereof (30.5%); and power-generating machinery and equipment (24.4%).

In contrast, imports declined for professional, scientific and controlling instruments and apparatus (-13.3%); petroleum, petroleum products and related materials (-6.4%); and non-metallic mineral manufactures (-4%).

By source, the strongest import growth was recorded from the United Kingdom (230.6%), India (130.8%), Korea (113.6%), Vietnam (71.6%), Malaysia (31.1%), and Mainland China (28.2%).